Speculators Beware!

The United States’ Commodity Futures Trading Commission (CFTC) alleges that two firms in 2008 engaged in illegal oil futures speculation. It has taken about three years, but finally some justice will come from this (albeit limited). If only the same charges can be brought against firms that speculated on food commodities will we see retribution for those that were directly affected by the violence that swept the world during the 2007-2008 global food riots.

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